Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Rock Springs Rd Kingsport, TN 37664

    • Land
    • 14.30 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Rock Springs Rd

    Lot size
    14.30 lot acres
    Property type
    Land

    Description

    This exceptional 14.3-acre commercial land parcel presents a unique investment opportunity in Kingsport, Tennessee. Strategically located just off Interstate 26, this property boasts high visibility and accessibility, making it ideal for a wide range of commercial ventures. The lot is zoned for commercial use and offers road frontage on both Rock Springs Road and Westfield Road, ensuring convenient access for customers and employees. Utilities are readily available at the roadside, simplifying development. The property's size and location make it suitable for various uses, including retail centers, multi-family developments, service centers, restaurants, urgent care facilities, or hospitality businesses. The high-traffic location near I-26 guarantees significant exposure to potential customers. This is a rare opportunity to acquire a substantial piece of land with immense potential in a thriving area. The asking price is $750,000. The property is located in Sullivan County, Tennessee, with a zip code of 37664. Detailed information is available upon request. This information is based on tax records and third-party data.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kingsport
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.5432
    Latitude
    36.4716

    Comparable in this City

    • Value Estimation by Request
      4.43 Acres

      Rock Springs Rd

      Land • 4.43 Acres
      0 Rock Springs Rd, Kingsport, TN 37664
      View Details
    • Value Estimation by Request
      30.68 Acres

      Tbd Memorial Blvd

      Land • 30.68 Acres
      0 Tbd Memorial Blvd, Kingsport, TN 37664
      View Details
    • Value Estimation by Request
      90.90 Acres

      128 Ridgeway Rd

      Farms • 90.90 Acres
      128 Ridgeway Rd, Kingsport, TN 37664
      View Details
    • Value Estimation by Request
      22.61 Acres

      05555 Sullivan Gardens Pkwy

      Agricultural land • 22.61 Acres
      05555 Sullivan Gardens Pkwy, Kingsport, TN 37664
      View Details
    • Value Estimation by Request
      1,508 SF

      2412 Fort Henry Dr

      Commercial real estate • 1,508 SF
      2412 Fort Henry Dr, Kingsport, TN 37664
      View Details
    • Value Estimation by Request
      0.04 Acres

      698 Blf Rd

      COMMERCIAL (GENERAL) • 0.04 Acres
      698 Blf Rd, Kingsport, TN 37664-4100
      View Details

    Similar Nearby for Sale

    • $1,950,000
      90.90 Acres

      Kingsport, TN Development Land

      90 Acres, Prime Location, High Potential
      128 Ridgeway Rd, Kingsport, TN 37664
      View Details
    • $449,900
      8,800 SF

      Kingsport Commercial Building Investment

      High-Yield Multi-Unit Property in Kingsport
      2020 Center St, Kingsport, TN 37664
      View Details
    • $30,000
      0.21 Acres

      Residential Land in Established Neighborhood

      Land for sale in Kingsport's established Ledges neighborhood.
      Ledges Dr, Kingsport, TN 37664
      View Details
    • $190,000
      1.40 Acres

      Land in Old Island Community

      1.4-acre lot with mountain and golf course views.
      309 Golf Ridge Dr, Kingsport, TN 37664
      View Details
    • $65,000
      Pending

      Kingsport Land with Lake Views

      1.06 acre residential land with lake views in Kingsport.
      4008 Cooks Inlet Rd, Kingsport, TN 37664
      View Details
    • $199,000
      36.63 Acres

      Kingsport Acreage Tract For Sale

      Acreage tract within Kingsport city limits with road frontage.
      3844 Rockford St, Kingsport, TN 37664
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Cleared Land on Memorial Blvd

      6.9 acre commercial land for lease on Memorial Blvd.
      5232 Memorial Blvd, Kingsport, TN 37664
      View Details
    • $12 SF/Yr
      53,952 SF

      Reedy Creek Terrace Office Space

      Kingsport, TN Office & Retail
      1880 Eastman Rd, Kingsport, TN 37664
      View Details
    • $12 SF/Yr
      156,009 SF

      Green Acres Shopping Center Investment

      Kingsport, TN Retail Opportunity
      0 Eastman Rd, Kingsport, TN 37664
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Reedy Creek

      Endcap retail space available in busy East Kingsport shopping center.
      1880 North Eastman Rd, Kingsport, TN 37664
      View Details
    • Contact for pricing
      1,201 SF

      Retail Space in Kingsport Center

      Retail space available in a busy shopping center.
      1131-1169 N Eastman Rd, Kingsport, TN 37664
      View Details
    • Contact for pricing
      88,892 SF

      Crown Point Plaza Retail Space

      Kingsport Retail Center: High Traffic, Food City Anchored
      1233 Eastman Rd, Kingsport, TN 37664
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Rock Springs Rd
    Kingsport, TN 37664
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!